Securian Financial Introduces Affordable, Protection-Focused IUL with No-Lapse Guarantee

Securian Financial has launched Value Protection Indexed Universal Life
(IUL), a low-cost, protection-focused indexed universal life insurance
policy with a built-in no-lapse guarantee.

A leading accumulation-focused IUL carrier since it entered the market
in 2006¹, Securian Financial is expanding its IUL portfolio
and planting a flag in the protection space with the introduction of
Value Protection, issued by Minnesota Life Insurance Company. The
product offers affordable, permanent coverage at a competitive
price—paying a death benefit even if the policy does not have enough
cash value to cover monthly policy charges. The no-lapse guarantee
provides coverage for the earlier of 40 years or a specific age based on
underwriting class at issue.²

“Value Protection IUL offers clients simple, affordable protection that
could last a lifetime—a must-have for all financial professionals’
product portfolios,” said Ben Roth, Securian Financial’s national sales
vice president for retail product distribution. “We are excited to
introduce this protection-focused IUL to distributors who know us well
for our popular accumulation-focused products.”

Optional living benefits available for an additional fee with Value
Protection IUL include an Accelerated Death Benefit for Chronic Illness
Agreement. The agreement gives clients access to their death benefit if
they are not able to perform two of six activities of daily living
(ADLs) and meet other eligibility requirements.³

Additional key features of Value Protection IUL include:

• Multiple indexed account options, including both capped and uncapped
  options, and a fixed account that credits a minimum of two percent
  growth annually
• Policy reminder emails to help financial professionals service client
  contracts
• Face amounts from $100,000 (minimum) to $5 million (maximum)
• Securian Financial’s strength and ratings*

Value Protection IUL is available to all Securian Financial-approved
distribution channels. Financial professionals interested in learning
more can call the Securian Financial Sales Desk at 1-866-335-7355.

*All ratings information as of March 7, 2018. These ratings are assigned
to the following Securian Financial Group member companies: Minnesota
Life Insurance Company and Securian Life Insurance Company. To learn
more about Securian Financial’s strength and ratings, visit securian.com/ratings.

ABOUT SECURIAN FINANCIAL
At Securian
Financial, we’re here for family. And we’re here because of it.
We’re guided by our purpose: helping customers build secure tomorrows.
Since 1880, we’ve been building a uniquely diversified company that has
outlasted economic ups and downs while staying true to our customers.
We’re committed to the markets we serve, providing insurance, investment
and retirement solutions that give families the confidence to focus on
what’s truly valuable: banking memories with those who matter most.

1. Minnesota Life competitive research.

2. As long as the monthly benchmark premium is paid. The no-lapse
guarantee value could be negative if monthly premium payments are not
made on time. This may require you to pay a larger monthly premium in
order to restore the no-lapse guarantee value to zero or greater. The
no-lapse guarantee value has no impact on your policy’s cash value and
cannot be surrendered or loaned against. Policy loans could cause the
no-lapse guarantee value to be less than zero, which would require the
repayment of the loan or the payment of additional premiums to restore
the no-lapse guarantee value to zero or greater.

3. May be subject to other restrictions. Please ask an advisor or refer
to the agreement for more information.

Insurance products are issued by Minnesota Life Insurance Company in all
states except New York. In New York, products are issued by Securian
Life Insurance Company, a New York authorized insurer. Minnesota Life is
not an authorized New York insurer and does not do insurance business in
New York. Both companies are headquartered in St. Paul, MN. Product
availability and features may vary by state. Each insurer is solely
responsible for the financial obligations under the policies or
contracts it issues.

Product features and availability may vary by state.

The Indexed Universal Life Series is designed first and foremost to
provide life insurance protection. While the indexed crediting options
are attractive for cash accumulation, your fundamental objective in
buying this product should be the life insurance protection provided to
you and your family or business.

Life insurance products contain fees, such as mortality and expense
charges (which may increase over time), and may contain restrictions,
such as surrender charges. One could lose money in these products.

The no-lapse guarantee is subject to the terms and conditions contained
in the policy and may not be in effect even if premium payments are
made. Please review the policy carefully.

Uncapped indexed account participation rates are subject to change and
may be less than 100%. This could have the impact of the indexed account
credit being less than the change in the reference index.

Additional agreements may be available. Agreements may be subject to
additional costs and restrictions. Agreements may not be available in
all states or may exist under a different name in various states and may
not be available in combination with other agreements.

The Accelerated Death Benefit for Chronic Illness Agreement is a life
insurance policy agreement that provides an option to accelerate the
death benefit in the event that the insured becomes chronically ill. The
accumulation value, surrender value, loan value, and death benefit will
be reduced by a chronic illness benefit payment under this agreement.

The Accelerated Death Benefit for Chronic Illness Agreement may not
cover all of the costs associated with chronic illness. The Agreement is
generally not subject to health insurance requirements and does not
provide long-term care insurance subject to state long-term care
insurance law. This Agreement is not a state-approved Partnership for
Long Term Care Program Agreement, and is not a Medicare supplement
policy. Receipt of Chronic Illness Benefit payments under this agreement
may adversely affect eligibility for Medicaid or other government
benefits or entitlements.

Based on current federal tax law, there is uncertainty as to whether
some or all benefit payments from life insurance Chronic Illness
Agreements are taxed when received. We cannot assure you that Chronic
Illness Agreement benefit payments will be treated as tax-free death
benefits. Please consult a tax advisor before purchasing a Chronic
Illness Agreement.

Policy loans and withdrawals may create an adverse tax result in the
event of a lapse or policy surrender, and will reduce both the surrender
value and death benefit. Withdrawals may be subject to taxation within
the first fifteen years of the contract. You should consult your tax
advisor when considering taking a policy loan or withdrawal.

Guarantees are based on the claims paying ability of the issuing
insurance company.

You should consult your tax advisor regarding your own tax situation.

This is a general communication for informational and educational
purposes. The materials and the information are not designed, or
intended, to be applicable to any person’s individual circumstances. It
should not be considered investment advice, nor does it constitute a
recommendation that anyone engage in (or refrain from) a particular
course of action. If you are seeking investment advice or
recommendations, please contact your financial professional.

Securian Financial is the marketing name for Securian Financial Group,
Inc. and affiliates. Minnesota Life Insurance Company and Securian Life
Insurance Company are affiliates of Securian Financial Group, Inc.

Policy form numbers: ICC18-20153, 18-20153 and any state variations;
ICC16-20057, 16-20057 and any state variations

DOFU 01-2019
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